IIT Bombay Average Package

IIT Bombay stands as one of India's premier engineering institutions, renowned for its rigorous academic programs and exceptional placement opportunities. The average package offered to IIT Bombay graduates reflects the institution's strong industry connections and the high caliber of its students. Understanding the placement statistics, fee structure, industry distribution, and departmental salary variations provides valuable insights for prospective students and stakeholders.

IIT Bombay Placement Statistics

IIT Bombay Fee Structure

IIT Bombay Industry Distribution

Information Technology and Software

• Major recruiters include global tech giants such as Google, Microsoft, and Amazon.

Finance

• Leading financial firms like Goldman Sachs, Morgan Stanley, and J.P. Morgan actively recruit from IIT Bombay.

Consulting

• Top consulting firms including McKinsey, Boston Consulting Group (BCG), and Bain & Company seek IIT Bombay graduates.

Core Engineering

• Prominent engineering companies like Tata Motors, Larsen & Toubro (L&T), and Siemens are key employers.

IIT Bombay Department Salaries

IIT Bombay Salary Range by Gender

Male Graduates

• Average salary: ₹26 lakhs per annum.

Female Graduates

• Average salary: ₹28 lakhs per annum.

IIT Bombay Highest-Paying Jobs

Technology Roles

• Positions at leading tech firms offering salaries exceeding ₹40 lakhs per annum.

Finance Positions

• High-paying roles in investment banking and financial analysis, with packages over ₹35 lakhs per annum.

Consulting Roles

• Strategic consulting positions providing packages upwards of ₹30 lakhs per annum.

Engineering Leadership

• Senior engineering roles in top-tier companies offering salaries beyond ₹35 lakhs per annum.

FAQ on IIT Bombay Average Package

Q.1 What is the average package for IIT Bombay graduates in 2025?

• A: The average salary for IIT Bombay graduates in 2025 is approximately ₹24.2 lakhs per annum, with engineering placements averaging around ₹23.50 LPA.

Q.2 What is the range of salaries for IIT Bombay graduates?

• A: Salaries typically range from ₹18 lakhs to ₹50 lakhs per year, with the top 10% earning more than ₹39.1 lakhs annually. Some engineering roles offer packages exceeding ₹1 crore per annum.

Q.3 How does the average package vary by gender for IIT Bombay graduates?

• A: On average, male graduates earn about ₹26 lakhs per year, while female graduates earn approximately ₹28 lakhs per year.

Q.4 What are the highest-paying jobs for IIT Bombay graduates?

• A: The highest-paying jobs are in technology roles at companies like Google and Microsoft, finance positions in firms such as Goldman Sachs and J.P. Morgan, consulting roles at McKinsey and BCG, and senior engineering positions in top-tier companies like Tata Motors and L&T.

Q.5 What is IIT Bombay's placement percentage?

• A: Generally, over 90% of IIT Bombay students secure placements each year.

Q.6 Which departments at IIT Bombay offer the highest average salaries?

• A: The Computer Science and Engineering department offers the highest average salaries, followed by Aerospace Engineering and Electrical Engineering.

Q.7 What is the fee structure for IIT Bombay undergraduate and postgraduate programs?

• A: B.Tech programs have first-year fees of ₹2.31 lakhs, while M.Tech programs have first-year fees of ₹66,700. Semester fees include ₹1,19,750 for tuition and an additional ₹13,000 for hostel charges.

Q.8 Which industries are the primary recruiters of IIT Bombay graduates?

• A: The primary industries include Information Technology and Software, Finance, Consulting, and Core Engineering sectors.